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Illinois’ Past-Due Bills Fall to $7.6 Billion

Comptroller Judy Baar Topinka had estimated the backlog would be closer to the $9 billion owed at the end of 2012. But an unexpected $1.3 billion infusion of tax receipts last spring helped.

12/30/2013

Bills , Getty Images, Peter Dazeley

Illinois Debt: A Report on Fixing the Problem

The state’s financial situation is so dire that any recovery plan that’s the least bit realistic will be unpleasant.

01/27/2012

Getty/Paul J. Richards

Illinois: Billions in Unpaid Bills

The state is late on paying its bills by $4.27 billion, according to the latest quarterly report

01/19/2012

Illinois

Illinois Flirts with Financial Disaster

As of early last month, the state owed on 166,000 unpaid bills worth a breathtaking $5 billion, with nearly half of that amount more than a month overdue.

10/16/2011

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State IOU’s — When Will Illinois Pay Up?

State of Illinois owes vendors almost $5 billion in unpaid bills. Many vendors waiting six months or more to get paid…

03/07/2011

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